Petro Rio S.A. HRTPF

Equipment of HRT seen junk in Manaus

[Rzbern]

Equipment of HRT seen junk in Manaus 

 

11/11/2013 at 9:46 a.m. 

HRT Petroleum, which has concession to explore for oil in the Solimões Basin, and last week had its shares traded on the BM & FBovespa, maintains a warehouse to open the head of the bridge Rio Negro in Manaus. 

 

The material kept there'll tractors tubes to be used in drilling for oil and gas prospecting. The problem is that in the case of tractors, there are already standing times and there has even weeds growing in the caterpillars, while tubes create rust. 

 

- See more at: https://www.portaldoholanda.com.br/amazonas/equipamentos-da-hrt-viram-sucata-em-manaus#sthash.fYyTOxu2.dpuf 

https://www.portaldoholanda.com.br/amazonas/equipamentos-da-hrt-viram-sucata-em-manaus#sthash.fYyTOxu2.dpbs

[Rzbern]

https://www.portaldoholanda.com.br/amazonas/equipamentos-da-hrt-viram-sucata-em-manaus#sthash.fYyTOxu2.dpbs

[Rzbern]

They deleted this my post in investorshub. They are afraid to see the truth

[robnhood]

Renzo, that is North sun deleting your posts. He only allows pump posts.  A feeble minded hall monitor with an agenda.

[Rzbern]

hobnhood , you are right. I think too that was he who deleted my post

[NorthSun]

This post has been removed in accordance with Community Policy

[Rzbern]

If these devices were already deteriorating in 2013, today the state is worse because one years have passed and still rotting. The shareholders need to know this, but instead you occlude the sun with a sieve. Open your eyes.

[Rzbern]

If these devices were already deteriorating in 2013, today the state is worse because one years have passed and still rotting. The shareholders need to know this, but instead you occlude the sun with a sieve. Open your eyes.

[DrillaHill]

It is very likely that all the equipment from these pictures is already sold. HRT wants to be a non-operating Partner in Solimoes to save costs, that is why HRT started the divestment program. From the 2Q13 conference call transcript, (p.02): "Let me go to slides number six and seven. I will go over some corporate objectives of an important change that is going on in HRT organization and ways

[Rzbern]

 "...,but we have a list of over 20 tractors, we have machines that we are evaluating if we really need them at this time or if we should divest them the next months to come." So, they were thinking about selling them, but in fact they not sold this machines because there is no communication of sale. So, you, drillahill, anesthetizing the shareholders with a professional

[NorthSun]

This post has been removed in accordance with Community Policy

[Rzbern]

ohh yeah and the air planes and helicopters is very rugged too. It is a joke? You think it possible it's not used for years and it is ok yet? This sensible and expensive Equipaments can not wait stoped and not use or without maintenance for long time. Or it is costing much money for nothing, to not use?  and more 6 helicopters

[DrillaHill]

This was only a fraction of assets sold/for sale. Maximum US$1MM, not worth a press release. Apart from the low value compared to assets like Air Amazonia (up to US$40MM) , the four rigs (I estimate a value of ~US$30MM, the sale was part of the US$96MM deal with Rosneft ) and IPEX (probably will get an update on the sale within the 3Q14 results next week) these kind of machines and equipment is

[Rzbern]

Drilla, Rosneft go back agreement about Solimões contract. Look this paragraph on minutes about meeting in 10/24/2014 on HRT: "6. Resolutions: [...] (c) The Board of Directors was informed by the Company’s Executive Board that it has not  been possible so far to sign the closing of the transaction with Rosneft so as to meet the  Board’s resolution at the meeting of

[goldtrust]

This action by Rosneft, which was unforseen could be the reason JG is reducing position

[goldtrust]

Razorburn...you have seen the light...next to Jimmy Swaggart you are the most accurate poster on this board

[robnhood]

Renzo was the only person that tried to shake them up, but it was way too late and most of the damage was already done.